Central banks highlight week ahead on global stage

Published by
City AM

By Andy Silvester Central banks will yet again be closely watched this week, with policymakers right across the world still attempting to get a handle on out of control inflation pressures. This week will see Aussie chief Philip Lowe announce what markets expect to be a further rate rise, up north of 2 per cent. Then on Wednesday, the Bank of Canada will join the party yet again – a surprise full percentage point hike in July is expected to be followed with another half-point increase. On Thursday the action will be closer to home, with the European Central Bank expected to hike the rate by 0….

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